← Marathon Petroleum Corp

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 TTM
Cash flows from operating activities:
Adjustments to reconcile net income to net cash provided by operating activities:
Net Income (Loss) Attributable to Parent $1.2b
$3.4b +192.33%
$2.8b -19.00%
$2.6b -5.14%
($9.8b) -472.62%
$9.7b +199.10%
$14.5b +49.07%
$9.7b -33.31%
$3.4b -64.41%
$4.0b +17.47%
—
Net Income (Loss) Available to Common Stockholders, Basic $1.2b
$3.4b +192.41%
$2.8b -18.98%
$2.6b -5.15%
($9.8b) -472.80%
$9.7b +199.07%
$14.5b +49.01%
$9.7b -33.33%
$3.4b -64.41%
$4.0b +17.46%
—
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest $1.2b $3.8b $3.6b $3.3b ($10.0b) $11.0b $16.1b $11.2b $5.1b $5.9b —
Amortization of Debt Issuance Costs $61.0m $64.0m $70.0m $33.0m $69.0m $79.0m $50.0m ($78.0m) ($31.0m) $39.0m —
Amortization of Intangible Assets $50.0m $52.0m $134.0m $372.0m $336.0m $330.0m $316.0m $316.0m $266.0m $271.0m —
Amortization of deferred financing costs and debt discount $61.0m $64.0m $70.0m $33.0m $69.0m $79.0m $50.0m ($78.0m) ($31.0m) $39.0m —
Depreciation, Depletion and Amortization $2.0b $2.1b $2.5b $3.6b $3.4b $3.4b $3.2b $3.3b $3.3b $3.3b $3.3b
Deferred Income Tax Expense (Benefit) $394.0m ($1.2b) $47.0m $1.0b ($241.0m) ($169.0m) $290.0m ($28.0m) ($124.0m) $282.0m $313.0m
Share-based Payment Arrangement, Noncash Expense $45.0m $51.0m $133.0m $161.0m $100.0m $88.0m $153.0m $211.0m $137.0m $160.0m —
Goodwill, Impairment Loss $130.0m $0 $0 $1.2b $7.4b — $0 $0 $0 $0 $0
Distributions from equity method investments $291.0m $388.0m $519.0m $662.0m $577.0m $652.0m $772.0m $941.0m $1.2b $1.3b —
Income (Loss) from Equity Method Investments ($185.0m) $306.0m $373.0m $394.0m ($935.0m) $458.0m $655.0m $742.0m $1.0b $1.6b —
Income from equity method investments $185.0m ($306.0m) ($373.0m) ($394.0m) $935.0m ($458.0m) ($655.0m) ($742.0m) ($1.0b) ($1.6b) —
Changes in operating assets and liabilities:
Current receivables ($674.0m) ($1.1b) $1.6b ($2.0b) $1.5b ($5.3b) ($2.3b) $2.0b $1.1b $890.0m —
Increase (Decrease) in Accounts Receivable $674.0m $1.1b ($1.6b) $2.0b ($1.5b) $5.3b $2.3b ($2.0b) ($1.1b) ($890.0m) ($4.6b)
Increase (Decrease) in Inventories $70.0m ($106.0m) ($931.0m) $366.0m ($1.8b) $33.0m $787.0m $489.0m $270.0m $596.0m $98.0m
Inventories ($70.0m) $106.0m $931.0m ($366.0m) $1.8b ($33.0m) ($787.0m) ($489.0m) ($270.0m) ($596.0m) $98.0m
Current liabilities and other current assets $985.0m $2.8b ($2.8b) $2.5b ($2.9b) $6.3b $1.9b ($1.3b) ($438.0m) ($776.0m) —
Net Cash Provided by (Used in) Operating Activities $4.0b
$6.6b +65.81%
$6.2b -6.82%
$9.4b +53.31%
$2.4b -74.38%
$4.4b +80.24%
$16.4b +275.25%
$14.1b -13.72%
$8.7b -38.62%
$8.3b -4.75%
$17.1b +107.51%
Cash flows from investing activities:
Gain (Loss) on Disposition of Property Plant Equipment ($2.9b) ($2.7b) ($3.6b) ($5.4b) ($2.8b) ($1.5b) ($1.1b) ($198.0m) ($151.0m) ($897.0m) ($806.0m)
Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber Property $32.0m $10.0m $23.0m $307.0m $70.0m — — — — — ($806.0m)
Payments to Acquire Property, Plant, and Equipment $2.9b $2.7b $3.6b $5.4b $2.8b $1.5b $2.4b $1.9b $2.5b $3.5b ($4.2b)
Investments – acquisitions and contributions — — — ($1.1b) ($485.0m) ($210.0m) ($405.0m) ($480.0m) ($509.0m) ($1.1b) —
Investments – redemptions, repayments, return of capital and sales proceeds — — — — $137.0m $39.0m $515.0m $275.0m $161.0m $721.0m —
Maturities of short-term investments — — — $0 $0 $5.4b $7.2b $5.0b $4.5b $0 —
Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-sale — — — — — $5.4b $7.2b $5.0b $4.5b $0 —
Purchases of short-term investments — — — $0 $0 ($12.5b) ($6.0b) ($8.6b) ($2.9b) $0 —
Sales of short-term investments — — — $0 $0 $1.5b $1.3b $2.1b $3.3b $0 —
Acquisitions, net of cash acquired $0 ($249.0m) ($3.8b) ($129.0m) $0 $0 ($413.0m) ($246.0m) ($688.0m) ($3.3b) ($4.2b)
Payments to Acquire Businesses, Net of Cash Acquired $0 $249.0m $3.8b $129.0m $0 $0 $413.0m $246.0m $688.0m $3.3b ($4.2b)
Payments for (Proceeds from) Other Investing Activities ($112.0m) ($248.0m) ($69.0m) ($81.0m) ($63.0m) ($513.0m) ($824.0m) ($702.0m) ($196.0m) ($273.0m) —
Net Cash Provided by (Used in) Investing Activities ($2.9b) ($3.4b) ($7.7b) ($6.3b) ($3.3b) $14.8b $623.0m ($3.1b) $1.5b ($5.9b) ($6.4b)
Cash flows from financing activities:
Commercial paper – issued $1.3b $300.0m $0 $0 $2.1b $7.4b $0 $0 $0 $5.1b —
Commercial paper– repayments ($1.3b) ($300.0m) $0 $0 ($1.0b) ($8.4b) $0 $0 $0 ($5.1b) —
Debt issuance costs ($11.0m) ($33.0m) ($86.0m) ($22.0m) ($50.0m) $0 ($39.0m) ($15.0m) ($15.0m) ($80.0m) —
Gain (Loss) on Extinguishment of Debt $0 $0 ($64.0m) $0 $9.0m ($133.0m) ($2.0m) ($9.0m) $0 — —
Long-term debt – borrowings $864.0m $2.9b $13.5b $14.3b $17.1b $12.2b $3.4b $1.6b $1.6b $11.2b —
Long-term debt – repayments ($2.3b) ($642.0m) ($8.0b) ($13.1b) ($15.4b) ($17.4b) ($2.3b) ($1.1b) ($2.0b) ($6.5b) —
Common stock repurchased ($197.0m) ($2.4b) ($3.3b) ($1.9b) $0 ($4.7b) ($11.9b) ($11.6b) ($9.2b) ($3.5b) —
Issuance of common stock $11.0m $46.0m $24.0m $10.0m $11.0m $106.0m $243.0m $62.0m $25.0m $24.0m $3.0m
Payments for Repurchase of Common Stock $197.0m $2.4b $3.3b $1.9b $0 $4.7b $11.9b $11.6b $9.2b $3.5b —
Payments of Ordinary Dividends, Common Stock $719.0m $773.0m $954.0m $1.4b $1.5b $1.5b $1.3b $1.3b $1.2b $1.1b ($1.2b)
Dividends paid ($719) ($773) ($954) ($1k) ($2k) ($1k) ($1k) ($1k) ($1k) ($1k) ($1.2b)
Proceeds from (Payments for) Other Financing Activities ($18.0m) ($47.0m) ($28.0m) ($69.0m) ($35.0m) ($35.0m) ($44.0m) ($50.0m) ($45.0m) ($30.0m) —
Net Cash Provided by (Used in) Financing Activities ($1.3b)
($1.1b) +15.10%
$222.0m +120.35%
($3.4b) -1620.72%
($135.0m) +96.00%
($14.4b) -10580.74%
($13.6b) +5.35%
($14.2b) -4.10%
($12.4b) +12.48%
($1.9b) +84.53%
($4.6b) -140.18%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents ($244.0m) $2.1b $1.7b $1.5b $416.0m $5.3b $8.6b $5.4b $3.2b $3.7b $7.8b
Cash, cash equivalents, restricted cash and restricted cash equivalents, ending balance $892.0m $3.0b $1.7b $1.5b $416.0m $5.3b $8.6b $8.6b $5.4b $3.2b $7.8b
Net change in cash, cash equivalents and restricted cash ($244.0m) $2.1b ($1.3b) ($196.0m) ($973.0m) $4.7b $3.3b ($3.2b) ($2.2b) $462.0m —
Additional Supplementary Disclosures
Additional Supplementary Disclosures
Additional Financial Items
All other, net ($18.0m) ($47.0m) ($28.0m) ($69.0m) ($35.0m) ($35.0m) ($44.0m) ($50.0m) ($45.0m) ($30.0m) —
Changes in the fair value of derivative instruments ($41.0m) $116.0m ($62.0m) ($8.0m) $45.0m $16.0m ($147.0m) $70.0m $71.0m ($16.0m) —
Derivative, Gain (Loss) on Derivative, Net — — — — — — ($58.0m) — — — —
Disposal of assets $101.0m $79.0m $54.0m $127.0m $150.0m $153.0m $90.0m $36.0m $35.0m $1.0b —
Distributions to noncontrolling interests ($542.0m) ($694.0m) ($903.0m) ($1.2b) ($1.2b) ($1.4b) ($1.2b) ($1.3b) ($1.4b) ($1.5b) —
Gain (Loss) Related to Litigation Settlement — — — — — — ($27.0m) $0 $0 ($253.0m) —
Gain (Loss) on Disposition of Assets — — — — — $21.0m $1.1b $217.0m $28.0m $173.0m —
Goodwill $3.6b $3.6b $20.2b $20.0b $8.3b $8.3b $8.2b $8.2b $8.2b $9.4b $0
Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest — — — — ($11.2b) $2.6b $16.0b $11.2b $5.1b — —
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent — — — — $1.2b $8.4b $72.0m $0 $0 — —
Income Tax Expense (Benefit) $609.0m ($460.0m) $962.0m $1.1b ($2.4b) $264.0m $4.5b $2.8b $890.0m $1.1b —
Income Taxes Paid, Net $140.0m $904.0m $424.0m $491.0m ($179.0m) $2.4b $4.9b $2.8b $732.0m $406.0m —
Insured Event, Gain (Loss) — — — — — — — $16.0m $0 $0 —
Interest Paid, Excluding Capitalized Interest, Operating Activities $478.0m $525.0m $887.0m $1.2b $1.2b $1.2b $1.1b $1.2b $1.2b $1.2b —
Investment Income, Interest $6.0m $27.0m $87.0m $40.0m $9.0m $14.0m $191.0m $530.0m $376.0m $159.0m —
Net gain on disposal of assets ($32.0m) ($10.0m) ($23.0m) ($307.0m) ($70.0m) ($21.0m) ($1.1b) ($217.0m) ($28.0m) ($173.0m) —
Operating Lease, Lease Income — — — — — $376.0m $327.0m $243.0m $260.0m $268.0m —
Pension and other postretirement benefits, net $9.0m $47.0m $90.0m ($64.0m) $220.0m ($499.0m) $172.0m ($191.0m) $59.0m $16.0m —
Proceeds from Noncontrolling Interests — $129.0m $12.0m $97.0m $0 $0 — — — — —
Proceeds from Stock Options Exercised — $46.0m $24.0m $10.0m $11.0m $106.0m $243.0m $62.0m $25.0m $24.0m —
Redemption of noncontrolling interests - preferred units — — — — — $0 $0 ($600.0m) $0 $0 —
Repurchases of noncontrolling interests — — $0 $0 $33.0m ($630.0m) ($491.0m) $0 ($326.0m) ($400.0m) —
Right of use assets and operating lease liabilities, net — $0 $0 $14.0m ($19.0m) $3.0m $0 ($7.0m) ($10.0m) $13.0m —
Sales-type Lease, Selling Profit (Loss) — — — — — — $509.0m — — — —
Supplemental disclosure of cash flow information:
Unrealized Gain (Loss) on Derivatives $41.0m ($116.0m) $62.0m $8.0m ($45.0m) — — — — — —

Amounts are shown in USD as reported in each fiscal year filing.

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.